Wednesday, February 9, 2011

INDIAN ECONOMY TO GROW AT 8.6%

According to data released by the Central Statistics Office, the India economy is set to grow by 8.6 % in 2010-11. The growth figures for 2009-10 were 8%.
The farm sector has particularly shown a robust increas which stands at 5.4% in the current fiscal. This is against the growth of 0.4% in the previous year. Services sector growth is expected to be 9.6% and manufacturing sector at 8.8%.

Per capita income this year is estimated to grow by 17.3% and at current prices is estimated at US$ 1203.3 ( Rs 54148).

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